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Sold for $550,000
  • $550,000

    911 Palace Ct, Martinsville, VA 24112

    5beds
    0baths
    --sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $355,300 Zestimate®
    $--/sqft
    $951 Estimated rent

    Home value

    $355,300

    $295,000 - $419,000

    $951/mo

    Zestimate® history
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    What's special

    ***GREAT INVESTOR OPPORTUNITY*** This multifamily consists of 8 units - all except one is currently rented. Property has been professionally managed and is a newer build! This 8-Unit comes with plenty of parking and at the end of a cul-de-sac. Units are a mix of 2Bd/1Ba and 3Bd/1Ba. Each unit has it's own washer/dryer hookups.

    Zillow last checked:

    Listing updated:

    Listed by:

    TIMOTHY DWAYNE GREENWAY 540-815-4161,

    MOUNTAIN VIEW REAL ESTATE LLC

    Bought with:

    Non Member Transaction Agent

    Non-Member Transaction Office

    Source: RVAR,MLS#: 900555MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Heating
    • Heat Pump Electric
    Cooling
    • Central Air
    Features
    • Basement: Partial

    Property

    Parking
    • Total spaces: 52333.49
    • Parking features: Carport
    • Carport spaces: 8536.51
    • Covered spaces: 52333.49
    Lot
    • Size: 0.77 Acres
    Details
    • Parcel number: 07080034

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Vinyl Siding
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Martinsville

    Financial & listing details

    • Tax assessed value: $300,100
    • Annual tax amount: $1,538
    • Date on market: 10/31/2023
    • Cumulative days on market: 124 days
    • Lease term: One Year

    Price history

    DateEventPrice
    4/12/2024Sold$550,000
    Source: RVAR #900555 Report a problem
    2/10/2024Pending sale$550,000
    Source: RVAR #900555 Report a problem
    2/2/2024Price change$550,000-1.8%
    Source: RVAR #900555 Report a problem
    10/31/2023Listed for sale$560,000
    Source: RVAR #900555 Report a problem
    10/12/2023Pending sale$560,000
    Source: RVAR #900555 Report a problem
    9/26/2023Listed for sale$560,000
    Source: RVAR #900555 Report a problem
    8/12/2023Pending sale$560,000
    Source: RVAR #900555 Report a problem
    8/8/2023Listed for sale$560,000
    Source: RVAR #900555 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,261 +17.1%$300,100 +53.9%
    2024$1,931 $195,000
    2023$1,931 +16%$195,000 +21.9%
    2022$1,664 $160,000
    2021$1,664 -2.1%$160,000
    2020$1,699 $160,000
    2019-- $160,000 -8%
    2018$1,848 $174,000
    2017$1,848 $174,000
    2016$1,848 $174,000
    2015$1,848 $174,000 -13%
    2014$1,848 $200,000
    2013-- $200,000
    2012-- $200,000
    2011-- $200,000
    2010-- $200,000
    Find assessor info on the county website

    Neighborhood: 24112

    Nearby schools

    GreatSchools rating
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